5min TF shows likely reversal of uptrend
Throughout this uptrend the 5min timeframe has shown a consistent pattern of a new high which then consolidates with a corrective pattern that results in a 50/200 Death Cross followed by a 50/200 Golden Cross which then leads to a new Higher High.
It looks like the uptrend may have topped as the most recent consolidation looks different. We see the 50/200 Death Cross followed by a Golden Cross but then we got a Lower High which was then followed by another Death Cross.
It looks like the uptrend may have topped as the most recent consolidation looks different. We see the 50/200 Death Cross followed by a Golden Cross but then we got a Lower High which was then followed by another Death Cross.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.